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Melmore, OH

CityFMR
Seneca County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$803$803
1 BR$808$808
2 BR$1,057$1,057
3 BR$1,267$1,267
4 BR$1,389$1,389
5 BR$1,597Not available
6 BR$1,837Not available
7 BR$2,112Not available
8 BR$2,429Not available

Purchase Price Calculator

Maximum purchase price
$95,153

Cost breakdown

+Likely effective rent$1,057
HUD FMRUsed$1,057
Market rentN/A
Est. payment standardN/A
-Principal and interest-$481
Loan amount$76,123
Down payment$19,031
Rate6.50%
Term30 years
-Operating costs-$376
Property taxes-$95
Insurance-$175
Utilities$0
HOA$0
Management-$106
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,244(90.6% ROI)
Projected value
$102,470
Return breakdown
Property appreciation+$7,316
Loan principal paid down+$2,727
Rental cash flow+$7,200
5-year hold
+$29,367(154.3% ROI)
Projected value
$107,657
Return breakdown
Property appreciation+$12,504
Loan principal paid down+$4,863
Rental cash flow+$12,000
10-year hold
+$62,240(327.1% ROI)
Projected value
$121,804
Return breakdown
Property appreciation+$26,651
Loan principal paid down+$11,589
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Melmore, OH fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Melmore, OH is $1,057 a month. That is up 5.0% from $1,007 in FY 2026. Melmore is in the Seneca County, OH non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Melmore, OH
BedroomsFY 2027Change90–110% range
Studio$803+5.4%$723–$883
1BR$808+5.3%$727–$889
2BR$1,057+5.0%$951–$1,163
3BR$1,267+3.3%$1,140–$1,394
4BR$1,389+4.2%$1,250–$1,528

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Melmore, OH
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$803$808$1,057$1,267$1,389
FY 2026$762$767$1,007$1,226$1,333
FY 2025$695$700$918$1,126$1,277
FY 2024$679$683$885$1,102$1,287
FY 2023$585$624$794$989$1,133

Questions about Melmore, OH rents

How much will Section 8 pay for a two-bedroom in Melmore, OH?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,057, that basic range is $951 to $1,163 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Melmore, OH in?

Melmore, OH is in the Seneca County, OH non-metropolitan FMR area.

How much did fair market rent change in Melmore, OH for FY 2027?

The two-bedroom FMR rose 5.0%, from $1,007 in FY 2026 to $1,057 in FY 2027. Since FY 2023 it has risen 33.1%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Fair Market Rents. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set